NOT LISTED FOR SALE

Estimated Value: $146,000 - $185,000

3 Beds
2 Baths
2,000-2,199 Sq Ft
$74/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $52,500 $24 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $918/month

47 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Den
  • Wood Flooring
  • Great Room
  • 2 Car Attached Garage

About This Home

As of May 2017

Lots of space! Large den-separate living room,laundry room and attached garage. Hardwoods under carpet in some rooms. "AS IS" only

Last Agent to Sell the Property

Carol Stout

Ware Jones, REALTORS License #318813 Listed on: 03/15/2017

Ware Jones, REALTORS

Co-Listed By

Nan Lee

Crye-Leike, Inc., REALTORS License #24408

Last Buyer's Agent

Pearlie Monger

The Peyton Co., Inc., REALTORS License #51596

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Wood Fence
  • Level Lot

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,128 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Pull Down Stairs to Attic
  • Iron Doors
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Community Details

  • Raines Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076050 00055

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RAINES TERRACE
  • List Price Per Sq Ft: 28
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2128
  • Year Built: 1968
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling
  • Full Bathrooms: 2
  • Living Dining Kitchen: Great Room, LR/DR Combination, Eat-In Kitchen
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Primary Bathroom Description: Double Sinks
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Workshop(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Level
  • Lot Number: 172
  • Acreage: 0.29
  • Lot Size: .30

Tax Info

  • Assessor Parcel Number: 076050 00055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
May 18, 2017
Sold by
Tennessee Housing Development Agency
Bought by
Cole Viola O
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Pearlie Monger
The Peyton Co., Inc., REALTORS
List Price
$60,000
Sold Price
$52,500
Premium/Discount to List
-$7,500
-12.5%
Current Estimated Value
$163,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,579
Avg. Annual Appreciation
13.97%
Original Mortgage
$42,000
Outstanding Balance
$34,741
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$128,338

Purchase Details

Closed on
Sep 22, 2016
Sold by
Lomex Glen and Lomax Regenia F
Bought by
Tennessee Housing Development Agency

Purchase Details

Closed on
Jun 29, 2007
Sold by
Citimortgage Inc
Bought by
Lomax Glen and Lomax Regina F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Campbell Elizabeth B
Bought by
Citifinancial Mortgage Co Inc

Purchase Details

Closed on
Aug 24, 1998
Sold by
Payne Willie M and Payne Juanita R
Bought by
Campbell William and Campbell Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,671
Interest Rate
6.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cole Viola O $52,500 Realty Title
Tennessee Housing Development Agency -- None Available
Lomax Glen $86,000 Multiple
Citifinancial Mortgage Co Inc $68,706 None Available
Campbell William $85,000 --
Campbell William $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Viola O $42,000
Previous Owner Lomax Glen $86,000
Previous Owner Campbell William $60,671
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $52,500 -12.5% $26 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $60,000 -- $30 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $884 $40,275 $4,625 $35,650
2024 $884 $26,075 $3,350 $22,725
2023 $1,588 $26,075 $3,350 $22,725
2022 $1,588 $26,075 $3,350 $22,725
2021 $1,607 $26,075 $3,350 $22,725
2020 $1,752 $24,175 $3,350 $20,825
2019 $1,752 $24,175 $3,350 $20,825
2018 $1,752 $24,175 $3,350 $20,825
2017 $0 $0 $0 $0
2016 $1,017 $23,275 $0 $0
2014 $1,017 $23,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9997741

Memphis Area Association of REALTORS®

APN: 07-6050-0-0055